Property
MREIT bulked up with prime offices
MREIT, Inc., the real estate investment trust of Megaworld Corp., is expanding its footprint after its board approved the infusion of nine Grade A office buildings through a property-for-share swap valued at P16.22 billion.
Stern deepens Camp John Hay hospitality bet
Stern Real Estate and Development Corp. is ramping up its presence in Camp John Hay, committing fresh capital to expand hospitality offerings within the former American rest and recreation facility.
SM Hotels accelerates expansion with Dasmariñas hotel opening
SM Hotels and Conventions Corp. is stepping harder on the growth pedal, setting a 2027 opening for Park Inn by Radisson SM City Dasmariñas as it rapidly expands its nationwide hotel pipeline.
Federal Land sells stake in Crown Central
Federal Land Inc., a wholly owned subsidiary of GT Capital Holdings, and its subsidiary Horizon Land Property Development Corp. have sold their entire 52 percent stake in Crown Central Properties Corp. to Crown Equities, Inc. for P73.475 million.
Megawide, Pag-IBIG team up to deliver 7,000 homes
Megawide Construction Corp. and the Home Development Mutual Fund (Pag-IBIG) have inked a landmark partnership to fast-track the government’s expanded Pambansang Pabahay Para sa Pilipino (4PH) program.
